NEW YORK, Oct. 24, 2016 /PRNewswire/ -- AB Global High Income Fund, Inc. (NYSE: AWF) (the "Fund") today released its monthly portfolio update as of September 30, 2016.
AB Global High Income Fund, Inc. Top 10 Fixed Income Holdings Portfolio % 1) U.S. Treasury Notes 0.875%, 4/15/19 5.40% 2) U.S. Treasury Bonds 8.125%, 5/15/21 2.95% 3) Brazil Notas do Tesouro Nacional Series F 10.00%, 1/01/21 -1/01/27 2.91% 4) U.S. Treasury Notes 1.25%, 1/31/20 1.08% 5) Wachovia Mortgage Loan Trust Series Series 2006-ALT1, Class A2 0.705%, 1/25/37 0.81% 6) U.S. Treasury Notes 2.25%, 11/15/25 0.77% 7) U.S. Treasury Bonds 5.25%, 2/15/29 0.68% 8) Ivory Coast Government International Bond 5.75%, 12/31/32 0.63% 9) Dominican Republic International Bond 8.625%, 4/20/27 0.60% 10) Dominican Republic International Bond 16.00%, 7/10/20 0.50% Investment Type Portfolio % Corporates - Non-Investment Grade Industrial Consumer Non-Cyclical 6.78% Communications - Media 5.13% Energy 4.94% Communications - Telecommunications 3.73% Basic 3.42% Capital Goods 3.17% Consumer Cyclical - Other 3.17% Technology 2.63% Consumer Cyclical - Automotive 1.99% Consumer Cyclical - Retailers 1.69% Transportation - Services 1.04% Services 0.89% Other Industrial 0.75% Consumer Cyclical - Entertainment 0.56% Transportation - Airlines 0.41% Consumer Cyclical - Restaurants 0.31% SUBTOTAL 40.61% Credit Default Swaps 11.14% SUBTOTAL 11.14% Financial Institutions Banking 3.07% Finance 0.91% Other Finance 0.49% Insurance 0.38% REITS 0.03% Brokerage 0.01% SUBTOTAL 4.89% Utility Electric 1.46% SUBTOTAL 1.46% SUBTOTAL 58.10% Global Governments 14.81% Collateralized Mortgage Obligations Risk Share Floating Rate 9.42% Non-Agency Fixed Rate 2.68% Non-Agency Floating Rate 1.26% Agency Floating Rate 0.06% SUBTOTAL 13.42% Corporates - Investment Grade Industrial Basic 1.14% Energy 0.65% Technology 0.64% Communications - Media 0.39% Capital Goods 0.38% Communications - Telecommunications 0.17% Transportation - Airlines 0.17% Consumer Cyclical - Automotive 0.15% Consumer Non-Cyclical 0.11% Other Industrial 0.03% Consumer Cyclical - Other 0.02% SUBTOTAL 3.85% Financial Institutions Insurance 1.28% Banking 0.95% REITS 0.47% Brokerage 0.17% Finance 0.12% SUBTOTAL 2.99% Credit Default Swaps 0.71% SUBTOTAL 0.71% Utility Electric 0.38% Natural Gas 0.11% SUBTOTAL 0.49% SUBTOTAL 8.04% Interest Rate Futures 6.94% Total Return Swaps 6.89% Commercial Mortgage-Backed Securities Non-Agency Fixed Rate CMBS 3.85% Credit Default Swaps 1.48% Non-Agency Floating Rate CMBS 0.21% SUBTOTAL 5.54% Emerging Markets - Sovereigns 4.56% Emerging Markets - Treasuries 4.25% Bank Loans Industrial Technology 0.66% Consumer Non-Cyclical 0.62% Consumer Cyclical - Retailers 0.57% Consumer Cyclical - Other 0.42% Other Industrial 0.39% Energy 0.24% Basic 0.21% Consumer Cyclical - Entertainment 0.20% Capital Goods 0.13% Consumer Cyclical - Automotive 0.07% SUBTOTAL 3.51% Utility Electric 0.17% Natural Gas 0.10% SUBTOTAL 0.27% Financial Institutions Insurance 0.04% SUBTOTAL 0.04% SUBTOTAL 3.82% Emerging Markets - Corporate Bonds Industrial Consumer Non-Cyclical 0.39% Communications - Telecommunications 0.27% Transportation - Airlines 0.27% Capital Goods 0.21% Basic 0.14% Consumer Cyclical - Retailers 0.13% SUBTOTAL 1.41% Financial Institutions Finance 0.11% SUBTOTAL 0.11% SUBTOTAL 1.52% Asset-Backed Securities Home Equity Loans - Fixed Rate 0.55% Home Equity Loans - Floating Rate 0.23% Other ABS - Fixed Rate 0.17% Other ABS - Floating Rate 0.15% Autos - Fixed Rate 0.07% SUBTOTAL 1.17% Governments - Sovereign Agencies 0.93% Whole Loan Trusts Performing Asset 0.87% SUBTOTAL 0.87% Common Stocks 0.69% Preferred Stocks Financial Institutions 0.54% Utility 0.03% SUBTOTAL 0.57% Equity Futures Equity Index Futures 0.54% SUBTOTAL 0.54% Local Governments - Municipal Bonds 0.48% Quasi-Sovereigns Quasi-Sovereign Bonds 0.35% SUBTOTAL 0.35% Local Governments - Regional Bonds 0.33% Inflation-Linked Securities 0.23% Investment Companies Funds and Investment Trusts 0.17% SUBTOTAL 0.17% Warrants 0.03% Call Options Written -0.01% Currency Instruments Forward Currency Exchange Contracts -0.03% SUBTOTAL -0.03% Interest Rate Swaps -0.12% Reverse Repurchase Agreements -9.14% Net Cash Equivalents Cash 1.61% Investment Companies 0.56% Emerging Markets - Sovereigns 0.06% SUBTOTAL 2.23% Derivative Offsets Futures Offsets -7.46% Swaps Offsets -19.72% SUBTOTAL -27.18% Total 100.00% Country Breakdown Portfolio % United States 70.75% Brazil 4.64% United Kingdom 3.01% Canada 2.39% Luxembourg 1.38% Mexico 1.38% France 1.33% Ireland 1.31% Dominican Republic 1.15% Argentina 1.08% Indonesia 1.02% Colombia 0.91% Netherlands 0.87% Switzerland 0.82% Italy 0.74% Ivory Coast 0.69% Turkey 0.65% United Arab Emirates 0.55% Germany 0.53% Venezuela 0.45% Spain 0.43% Croatia 0.36% Jamaica 0.34% Gabon 0.23% Australia 0.22% Angola 0.22% Barbados 0.20% New Zealand 0.20% Portugal 0.18% Trinidad & Tobago 0.17% Mongolia 0.17% South Africa 0.15% Zambia 0.14% Pakistan 0.13% India 0.11% Macau 0.10% Cayman Islands 0.10% Cameroon 0.09% Sri Lanka 0.09% Ecuador 0.09% Guatemala 0.08% Denmark 0.08% El Salvador 0.07% Peru 0.07% Kenya 0.06% Chile 0.05% Finland 0.05% Ethiopia 0.05% Lebanon 0.05% Serbia 0.03% Norway 0.02% Iraq 0.02% Total Investments 100.00% Net Currency Exposure Breakdown Portfolio % United States Dollar 93.97% Swedish Krona 3.51% Brazilian Real 1.94% Mexican Peso 1.89% Indian Rupee 1.50% New Turkish Lira 0.98% Colombian Peso 0.71% Argentine Peso 0.57% Indonesian Rupiah 0.54% Dominican Peso 0.50% Russian Rubles 0.02% Norwegian Krone 0.02% Australian Dollar 0.01% Taiwan New Dollar 0.01% Hong Kong Dollar 0.01% South African Rand 0.01% Japanese Yen -0.01% Great British Pound -0.04% Swiss Franc -0.47% Singapore Dollar -0.49% Canadian Dollar -1.47% Euro -3.71% Total Net Assets 100.00% Credit Rating Portfolio % AAA 4.32% AA 0.73% A 2.44% BBB 13.69% BB 28.83% B 26.51% CCC 8.88% CC 1.35% C 0.26% D 1.20% Not Rated 8.26% Short Term Investments 0.62% N/A 2.91% Total 100.00% Bonds By Maturity Portfolio % Less than 1 year 0.64% 1 to 5 years 44.14% 5 to 10 years 39.06% 10 to 20 years 8.65% 20 to 30 years 5.28% More than 30 years 1.51% Other 0.72% Total Net Assets 100.00% Portfolio Statistics: Average Coupon: 7.44% Average Bond Price : 101.32 Percentage of Leverage (based on Gross Assets): Bank Borrowing: 0.00% Investment Operations: 26.70%* Preferred Stock: 0.00% Tender Option Bonds: 0.00% VMTP Shares: 0.00% Total Fund Leverage: 26.70% Average Maturity: 7.55 Years Effective Duration: 5.05 Years Total Net Assets: $1,169.51 Million Net Asset Value: $13.56 Number of Holdings: 1185 Portfolio Turnover: 42% * Investment Operations may include the use of certain portfolio management techniques such as credit default swaps, dollar rolls, negative cash, reverse repurchase agreements and when- issued securities.
The foregoing portfolio characteristics are as of the date indicated and can be expected to change. The Fund is a closed-end U.S.-registered management investment company advised by AllianceBernstein L. P.
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SOURCE AB Global High Income Fund, Inc.